Oct
08
Waterton Enters DC Hotel Market
ByThe company acquired the former Loews Madison, a 356-key downtown hotel with a rich history. The property, rebranded as The Madison, a Hilton Hotel, has undergone more than $75 million in capital improvements in the last 15 years.
Waterton, in partnership with an affiliate of Walton Street Capital LLC, acquired the former Loews Madison hotel in downtown Washington, D.C. The property was rebranded as The Madison, a Hilton Hotel, and will be managed by Hilton Hotels & Resorts…